Oregon Business Council Mobilizing Oregon Clusters Private and - - PowerPoint PPT Presentation

Oregon Business Council

Presented By: Elizabeth Redman IHS Global Inc. OBC Cluster Strategy Consultant

Mobilizing Oregon Clusters Private and Public Sector Partnering for Economic Growth

Overview

• How has the Oregon Business Council

promoted cluster based economic development?

• What has our work taught us about

best practices for cluster development?

What is the Oregon Business Plan?

• shared vision of economic future
• common business agenda
• productive public-private

partnership

Business Plan Goal

Quality Jobs in Throughout Oregon

• 25,000 net new jobs/year
• Per capita income above national

average by 2020

Business Plan Vision

Traded/Export Sector Suppliers Local

Sales to the rest of the world

Most jobs are here: schools, hospitals, restaurants Firms in this sector drive the economy

Clusters of Innovative, Sustainable, Globally Competitive Industries

Business Plan Strategy

• People: education & training of our

current & future workforce.

• Place: quality of life and resource

utilization.

• Productivity: availability of cost-

competitive public and private resources and services.

• Pioneering Innovation:

commercialization of research, business formation, available investment capital.

Four Ps for Prosperity

Cross-Cutting Initiatives

Initiative Description Innovation Boost research, commercialization, new business formation, and productivity of existing companies Capital Access Ensure Oregon companies have access to debt and equity financing to fuel their growth Regulation & Permitting Achieve environmental, health, & safety outcomes at a lower burden to the regulators and government Workforce Employ targeted strategies to close the gap between the skills Oregonians have and the skills employers need Water Provide farmers with additional water for agriculture while protecting salmon runs Transportation Infrastructure Create jobs today and over time by improving Oregon’s transportation infrastructure and access to markets Energy Maintain Oregon’s competitive advantage in energy costs while creating energy jobs and reducing emissions Industrial Land Supply Ensure we have an adequate supply of right-sized, market-ready industrial land in every part of the state Forest Health and Biomass Improve forest health, rural economies, and community safety through active federal forest management

Listen to People Across the State

• Travel the state to listen to regional priorities.
• Gets business and community leaders on the same page
• Collects ideas about how to spark high wage job growth
• Builds momentum and consensus for a statewide agenda to

create jobs and raise per capita incomes

Listen to Oregon’s Key Industry Clusters

• Advanced Manufacturing
• Footwear, Athletic and Outdoor
• Clean Technology
• Creative Industries
• Natural Resources
• High Tech

Wave Energy Forestry Food Processing Defense Energy Efficiency Tourism Creative Services Co-Chairs Manufacturing Wind Energy Electric Vehicles Bioscience Agriculture

Screen / Presentation

Legislator Legislator OBC Business Oregon Bioscience University Research University Research University Research Employment Department Employment Department Workforce Training Workforce Training City Council- member Chamber of Commerce Community College Office of Regulatory Affairs Projector / Conference Phone Legislator Legislator

Oregon Cluster Network

• Launched 2005
• Meets quarterly
• Comprised of

Oregon’s traded sector clusters, regional economic dev’t groups, policymakers, & educators

• Guided by Steering Committee

Oregon Leadership Summit: December 3 2012

• Brings together decision-makers

from across Oregon

• Presents cluster and regional

priorities

• Identifies road blocks
• Makes commitments to act on

specific Business Plan initiatives

• Celebrates successes

Lessons Learned About Cluster Development: #1

Involve private sector leadership

• Engage business leaders and industry

membership groups to inform the vision for economic development and respond to regional challenges.

Lessons Learned About Cluster Development: #2

Recognize the value of all clusters

• Focus on traded-sector
• Encourage self-identification
• Geography, sector, workforce, inputs,

management processes, suppliers, and customer base all serve as cluster linkages

Lessons Learned About Cluster Development: #3

Keep the network open

• Participation open to all
• Emerging clusters learn

by example; experienced clusters share best practices & get visibility

• A shared resource base helps mobilize

resources

Lessons Learned About Cluster Development: #4

Diversify funding sources and maximize operational efficiency

• Mix of public, private &

philanthropic funding

• In-kind contributions

from participants

• Small operating budget

and staff

Lessons Learned About Cluster Development: #5

Align staff characteristics with responsibilities

• Serving as connective tissue requires

“salespeople” and “networkers”

• Recognize that value is perceived but

hard to quantify

Summary: Oregon’s Cluster Based Approach to Economic Growth

• Structure to organize Oregon for increased

economic competitiveness

• Central platform for public-

private dialogue & joint action

• Organized clusters allow

companies to collaborate more efficiently to address critical issues

• Cluster Network offers Oregon leaders new

connections, resources, best practices, and tools for enhancing industry growth